THE STOCK EXCHANGES

Press, Volume LXXIII, Issue 22194, 10 September 1937, Page 15

THE STOCK EXCHANGES

MARKETS QUIETER SEVERAL stocks ease The Christchurch Stock Exchange yesterday was quiet with recorded turnover small. The' prices of several stocks were easier.

DEALINGS COMPLETED LISTED STOCKS Sales on 'Change £ s. d. 100 Comm. Bank of Aust. 0 17 8 50 Bank of N.Z. .. 3 5 0 200 Broken Hill Pty. (3) 3 17 0 15 Colonial Sugar . • 47 7 6 (21 47 5 0 100 Dunlop Rubber - • 1 3 0 300 G. J. Coles ■ - 4 16 6 4 16 0 (4) 4 16 3 100 Hume Pipe (Aust.l . . 1 0 2 950 Taranaki Oilfields (6) 0 7 6 (21 0 6 9 0 6 8 350 Broken Hill South (4) 2 7 5 (21 2 7 6 950 Mount Lycll <2) 2 2 3 (31 2 2 0 2 1 11 2 2 0 2 1 11 (2) 2 2 1 (21 2 2 2 850 Mount Morgan (91 0 10 9 Sales Reported 100 Comm. Bank of Aust. .. 0 17 8 100 Beath and Co. .. 1 2 4 100 G. J. Coles * (21 4 16 9 UNLISTED STOCKS Sales on 'Change 50 Woolworths (Syd., ord.l (2) 6 14 o Sales Reported 100 Ballins Breweries (15s 14 6 pd.l .. 0 Banking Commercial Bank of Australia were fractionally weaker with sellers and dealings at 17s 8d. Bank of New Zealand had business at 45s. market closing Id either way. Sellers of Bank of New South Wales came down to £32 12s 6d without attracting buyers. Unsupported sellers of English, Scottish, and Australian Bank reduced their limits to £5 12s 6d. Miscellaneous Australian Glass were weaker with sellers at 93s 3d. Beath and Cor npany wptp firm at 22s 4d. Sellers of British Tobacco reduced their limits to 49s 5d buyers at 49s 3d. Broken Hill Pro* prietary dropped to 77s. buyers slayim in at that price, sellers at 77s 3d. Colmia] Sugar were easier at £47 7s 6r and £47 5s. and more were offered at £47 2s 6d. Dunlop Rubber were r ractionally weaker at 23s, and fur'her sellers at 22s lOd. Sellers of ElecIrolytic Zinc reduced their limits tc 58s 9d for the ordinary and 59s 8d for the preference. G. J. Coles dodined to dealings at prices ranginf from 96s to 96s 9d. market closing 96 buyers, 96s 3d sellers. Hume Pip' 'Australia) were firm with buyers anc business at 20s 2d. Taranaki Oilfield' changed hands on the morning call a 7s Id. and on the afternoon call at 6' 9d and 6s 8d. and there were f urther sellers at the lowest price. Mining Broken Hill South fell to 47 s 5d and 47s 6d. Mount Lycll declined tc dealings at prices ranging from 42; 3d to 41s lid, market closing 42s 1c buyers, 42s 3d sellers. Mount Morgan' eased to 10s 9d and there wo’ e further buyers at that figure. Sellers o: North Broken Hill reduced their limits to 73s 9d. Unlisted Stocks Ballins Breweries (I5s paid) were firm at 14s 6d. Woolworths. Limited were firm with dealings at £6 L4s 6d and further buyers at £6 14s. LATEST QUOTATIONS

Buyci s. Sellers £ s. d. £ s. d N.Z. Govt. Debentures 3i p.c. Ins., 15/3/39-43 103 2 6 104 0 0 31 p.c. Ins., 15/9/39-43 103 0 0 104 0 0 31 p.c. Ins, 1938-52 .. 103 0 0 — 31 p.c. Ins., 1953-57 98 10 0 90 0 0 3J p.c Ins., 1941 101 5 0 — * D.c Ins., 1943-46 103 5 0 — 4 p.c. Ins,, 1946-49 104 15 0 — 4 p.c. Ins. 1952-55 104 15 0 — 4 p.c. Bonds. 1946 103 7 6 —. Rural Bonds. 5 p.c.. 15/9/47 102 10 0 — Other Debentures Waimak. River Trust. 4J p.c.. 1/10/58 — 108 5 0 Christchurch Drainage Board, 4.1 p.c., 30/6/63 — 108 0 0 Booth, Macdonald, 5 p.c., 1/6/47 — 79 0 0 Gisborne Sheepfanncrs, 61 p.c., 31/8/41 • 102 5 0 N.Z. Refrig. 41 p.c.. 1940-45 101 10 0 — Banks Australasia (cum div., £5) — 11 15 0 Comm, of Aust. (10s) 0 17 6 0 17 8 Comm, of Aust. (pref.. £10) 9 4 0 9 7 0 Comm, of Sydney (£12 10s) - 21 0 0 E„ S., and A. (£3 pd.) — 5 12 6 Natl of A’asia. (£5 paid) .— 7 5 0 Natl, of N.Z. (£2 10s) 2 18 0 2 18 3 N.S.W. (£20) — 32 12 6 New Zealand (£1) 2 4 11 2 5 1 New Zealand (mort shares, £ 1) — 1 9 3 Union (£5) — 9 15 6 Insurance Merc. Mutual (16s pd.) 1 12 0 New Zealand (£1) 3 4 3 South British (£1) .. — 4 19 0 Loan and Agency Dalgety and Co. (£5) 10 1 0 10 2 6 Goldsbrough, M. (£1) — I 15 0 Mutual Benefit (£10) .— 14 0 0 National Mort, A (£2) — 2 10 0 Natl Mort. B (£1) — 1 11 0 N.Z. Guar. Corpn. (3s) 0 4 6 0 5 0 United Bldg. (£1) .. 1 0 9 — Wright, Stepehenson (pref., £1) — 1 1 6 Shipping Dcvonport Ferry (£1) — 1 1 C Union (pref., £1) 1 G 3 — Frozen Meat ' Canterbury (£7 Ws pd.) 10 0 0 — N.Z, Refrig. (£1 paid) I 0 3 0 9 N.Z. Refrlg. (10s paidl 0 9 a 0 9 11 North Canty. Freezing (£3 paid) — 3 6 0 Woollens Felt and Textiles (£1) 1 19 6 2 0 6 Kaiapoi (17s paid) .— 0 14 5 Kalapo (7s paid) — 0 5 5 Manawatu (£1) — 1 14 8 Oamaru (£1) — 0 19 2 Coal Westport-Stockton (10s) — 0 2 7 Westport-Stockton (pf.. 10s) 0 5 0 0 5 3 Gas Auckland (£1) 1 1 9 — Ch.Ch. (con., 10s) — 0 13 6 Breweries Dominion (£ 1 ) 2 2 0 Dunedin f £ 1 ) 1 9 3 1 10 6 New Zealand (£1) — 2 10 2 N.Z. (con.. 10s paid) 1 14 a 1 14 11 Tooheys (16s) — 1 12 3 Tooths (£1) o 15 3 2 15 11 Melbourne Co-op. (£1) — 2 16 0 Miscellaneous Amalg. Wireless (con.. 14s paid) — 3 0 0 Anthony Hordern (£1) 0 18 10 0 19 0 Aust. Glass (£1) 4 11 3 4 13 3 Beath and Co. (£1) .. 1 1 0 1 2 6 Booth, Macdonald (pf.. £1) 0 3 0 British Tobacco (£1) .. 2 9 3 2 9 5 Broken Hill Pty. (£1) 3 17 0 3 17 3 Burns. Phllp (rights, £1) 1 14 9 — Cox Bros. (£1) 1 2 6 1 3 0 Colonial Sugar (£20) 46 10 0 47 2 6 Dominion Builders’ (£1) 0 3 0 — Dominion Fert. (£1) — 1 4 6 Dunlop Rubber (£1) 1 2 5 1 2 10

Buyers Sellers. £ s. d. £ s. d. Electro. Zinc (ord.. £1) 2 17 6 2 1£ 9 Electro. Zinc (pf., £1) 2 19 3 2 19 8 Evans Atlas Flour (10s) 0 19 0 — G. J. Coles (£1) 4 16 0 4 16 3 Hay’s, Ltd. (cont., cum rights, 15s paid) 0 IS 3 Howard Smith (cum div., £1) — 1 1 0 Hume Pipe (Aust.) (£1) 1 0 2 1 C 3 Kauri Timber (25s) 1 2 9 Mason, Struthers (10s paid, ex div.) — 0 8 0 MacdufTs (pref., £1) .. — 1 7 4 Morts Dock (£1) 0 11 1 0 11 10 Natl. Electric (£1) .. —. 0 15 0 N.Z. Farmers’ Co-op. (£2 10s paid) 0 16 0 N.Z. Farmers’ Co-op. (10s paid) .. 0 0 3 N.Z. Farmers’ Co-op. (1st pref., £5) 3 11 6 3 14 6 N.Z. Farmers’ Co-op. (A pref., £4) — 2 10 0 N.Z. Farmers’ Co-op. (B pref., £4) — 2 0 0 N.Z. Farmers' Co-op. (4J p.c. Stock. 9/2/40, £100) . 90 0 0 N.Z. Newspapers (16/8) — 1 18 9 Quill Morris (1936) (£1) 0 17 6 0 19 0 Shillings (£1) 0 18 9 0 19 10 Taranaki Oil (24/7) .. 0 6 7 0 iG 8 United Provisions (£1) — 0 9 9 Waldas Shoes (£1) — 0 16 4 Wilcox. Mofflln (11s) 0 13 7 0 13 9 Wilson’s Cement (10s) 1 1 0 1 1 6 Woolworths (II.Z.) (ord.. £1) 5 6 0 . Radio (1936), (10s) .. — 1 4 0 Overseas Listings Woolworths (S. Africa) (os) — 0 16 9 Mining Argo (Is) — 0 1 H Barry town (£1) 1 5 0 1 11 0 Big River (Is) — 0 1 51 Golden Point (6d) .. 0 0 1 — Golden Sands (is) 0 1 7 — Grey River (6s 3d pd.) 0 7 5 0 7 8 Maori Gully (Is) — 0 0 S Moonlight Gold. (Is) — 0 0 51 Nemona (Is) 0 1 6 Nokomai (5s) 0 1 11 0 2 3 Okarilo (5s) 0 2 9 0 3 6 Skippers (Is) 0 0 U — Waipapa Beach (Is) .. ' 0 0 2 Walhl Grd. June. (2s) — 0 3 0 Waimumu Sluic. (Is) — 0 0 71 Waitahu (5s) — 0 1 6 Worksop Extcn, (Is) — 0 1 4 Australian Mining Broken Hill South (5s) 2 7 4 2 7 7 Mount Lyell (£1) .. 2 2 1 2 2 3 Mount Morgan (2s 6d) 0 10 9 0 10 0 vuala Kampar 1 1 9 Nth. Broken Hill (5s) 3 13 6 3 13 9 Rawang Tin (10s) 0 11 6 0 12 2 Wgton. Alluv. (2s pd.) 0 5 0 0 5 9 UNLISTED STOCKS All transactions in stocks quoted in this section are subject to a different rate of brokerage from listed stocks. and are not quoted on the official list. Buyers. Sellers £ s. d. £ s. d. Alloy Steel (Aust.), (new) — 1 3 0 Assoc. Motorists’ Petrol — 1 10 0 Arahura — 0 17 0 Ballins Breweries 0 14 0 0 14 6 Christchurch Press .. 8 10 0 — Coull, Somerville, Wilkie 0 14 0 . Macetown — 0 0 21 McKenzies Department Stores 4 8 0 4 8 6 New River — 0 0 61 N.Z Perpetual Forests 2 2 0 — Selfridges (A/asla.), .. 1 10 0 — Selfrldgcs (N.Z.) — 1 0 0 Sch'ridges (N.Z.) (12s 0 11 paid) — 0 Sclfridges (W.A.) (10s 0 17 paid) 0 16 6 9 Thyrodonc Were’s Invest, Trust .. — 1 10 0 0 6 4 — Westland Breweries (con.) 0 19 0 • Woolworths (Sydney) (ord.) C 14 0 C 17 0 AUCKLAND Sales on ’Change £ s. d. Govt. Bonds. .4 p.c.. 1943-46 . 103 0 0 34 per cent. Ins. Stock, 1938-52 . 104 5 0 Newmarket Borough, I per 0 cent.. 1948 . 106 0 Commercial Bank of Australia 0 17 8 ■National Bank of New Zealand 2 18 3 Bonk of New Zealand .. (2) 2 5 0 N.Z Guarantee Corporation 0 5 0 Auckland G?s (contr.) 0 15 0 Felt and Textiles 2 0 6 British Tobacco 2 9 9 Colonial Sugar 47 2 6 Radio (1936) .. 1 2 9 Taranaki Oil 0 7 0 0 6 11 0 6 10 Union Oil and Soap . 1 7 6 Unofficial List Woolworths (Sydney) 6 19 0 6 16 0 Waikato Carbonisation 95 10 0 WELLINGTON Sales on ’Change £ s. d. Howard Smith 1 J 5 Taranaki Oil 0 7 1 (Both late Wednesday.) 4 p.c. Ins. Stock, 1946 . 103 0 0 Bank of New Zealand 2 5 2 5 U 0 National Bank of New Zealand 2 18 0 Auckland Gas (contr.) 0 15 0 0 15 1 Wellington Woollen (ord.) 5 12 0 Broken Hill Pty. (2) 3 18 0 Consolidated Brick 0 8 3 electrolytic Zinc (pref.) 3 0 0 G J. Coles (2) 4 10 0 Taranaki Oil • 0 7 0 0 6 11 Nemona . 0 1 6 Mount Lyell (3) 2 2 3 2 2 4 Mount Morgan 0 11 0 Unofficial List McKenzie's Department Stores (odd lot, late Wednesday) 4 8 6 McKenzie’s Department Stores (odd lot) 4 8 6 Sclfridges (W.A.) (10s paid) 0 18 0 Woolworths, Ltd. (2) 6 17 6 (3) 6 18 0 DUNEDIN Sales on ’Change £ s. d. Bank o£ New Zealand 2 5 0 Broken Hill Pty. 3 17 3 Sales Reported Bank of New South Wales 32 10 0 Gordon and Gotch 2 13 9 North Broken Hill 3 13 9 SYDNEY The Sydney share market yesterday was steadier, but lacking in animation due to the unsettled overseas conditions. the approach of the local elections, and the uncertainty of the wool outlook. Morning Sales £ s. d Tooths 2 16 G Associated Newspapers 1 3 0 Associated Newspapers (pref. ) 1 3 0 Anthony Hordern 0 19 British Tobacco 2 10 0 Broken Hill Prop. 3 18 G Colonial Sugar 47 12 6 Afternoon Sales Bank of New South Wales 32 10 0 Colonial Sugar 47 7 7 Burns, Philp (South Sea) 1 11 0 Tooths Brewery 2 16 0 G. J. Coles 4 17 0 Dunlop Perdrlau (pref.) 1 18 9 Greater J. D. Williams 0 6 3 Manly Gas 1 3 9 James Stedman 0 17 14 W. R. Carpenter 2 8 0 J. Fielding 4 7 6 United Provisions 0 9 5 Gordon and Gotch 2 14 3 Electrolytic Zinc 2 19 6 Electrolytic Zinc (pref.) 3 0 S Farmers 1 13 101 Anthony Hordern 0 19 3 Mount Morgan 0 10 .1 Mount Lyell 2 2 6 Placer Development . 3 18, 0

MELBOURNE The Melbourne Exchange had an easier tone again yesterday. Sales:— Comm. Bank of Australia £ s. d. 0 17 8 National Bank (£5 paid) 7 2 6 Howard Smith 1 1 0 Carlton Brewery 3 3 0 G. J. Coles 4 17 0 Australian Glass 4 13 c Dunlop Perdriau 1 3 1 Dunlop Perdriau (pref.) 1 18 9 Electrolytic Zinc o 19 3 Electrolytic Zinc (pref.) 3 0 9 Felt and Textiles 1 19 6 Cox Bros 1 3 0 Mount Morgan 0 10 11 Mount Lyell 2 o 71 Broken Hill Prop. 3 18 0 North Broken Hill 3 13 6 Emperor Gold 0 13 9 Loloma .. ., 1 3 3 LONDON LONDON, September 8. £ s. d. N.Z. Loan and Mercantile (ord.) 27 10 0 N.Z Loan and Merc. (6 p.c. pf.) 103 5 0 N.Z. Loan and Merc. (6 p.c. pf.) 87 10 0